EdTech 20 rankings unveiled
e-Learning Age, 10 June 2013
Education technology company Edxus Group and IBIS Capital have announced the initial results of their EdTech 20 ranking; their assessment of the top 20 e-learning companies in Europe in terms of innovation, scale, market impact and revenue growth over the past year.
Entries were received from across 15 European countries and judged by a panel of industry experts. The entries are said to have highlighted a number of key trends in the education technology space, including new generation software as a service (SaaS) instructional platforms, Massive Open Online Courses (MOOCs), the gamification of content and analytics enabling adaptive learning and testing.
Listed in alphabetical order, the EdTech 20 are: ALISON, Ireland; Brightwave, UK; Classroom Monitor, UK; Coursio, Sweden; Dnevnick, Russia; EPIC Learning, UK; FindCourses, Sweden; GCSEPod, UK; InfoMentor, Iceland; ITycom, Switzerland; Labster, Denmark; Languagelab, UK; Languagenut, UK; Mangahigh, UK; Mendeley, UK; Serious Games Interactive, Denmark; Siveco, Romania; Sofatutor, Germany; Twig World, UK; and Virtual College, UK.
The EdTech 20 forms part of a wider strategy by Edxus Group and IBIS Capital to bring investment, scale and consolidation to the European e-learning market which they believe has been fragmented and under-invested to date.
Benjamin Vedrenne-Cloquet, Edxus Group’s CEO and co-founder, said: “We have been impressed by the range of innovation from right across Europe in both the academic and corporate learning sectors. While the 3 year revenue growth rates delivered show that the ed tech boom in Europe is a reality, the huge number of applications received and the modest size of these businesses also demonstrate just how fragmented the European market is. Consolidation in the sector is both necessary and inevitable to foster the emergence of a handful of European ed tech champions able to compete pan-regionally and globally.”
Charles McIntyre, IBIS Capital co-founder and CEO, said: “By helping to identify high-performing companies in the European e-learning field, we hope to attract both business expertise and capital investment to help the industry thrive and compete at a global level.”
The top three companies from the EdTech 20 will be named at EdTech Europe, on June 14th in London.
Full article can be found here.